CUFS has adjustment for "error in addition"

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kvnstnkr-p40
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CUFS has adjustment for "error in addition"

Postby kvnstnkr-p40 » Sat Jan 02, 2010 4:12 pm

My 12/09 church unit financial statement has a debit to the other account for "error in addition." I did not request any adjustment near that date or in that amount or for that reason.

It is the same reference number (but different date) as a credit to Other for "cancel donation due to returned check." No part of the returned donation went to other, and the amounts of the returned donation and the "error in addition" are different.

When I try to reconcile, MLS balances are off in the amount of the "error in addition." It only reconciles if I create a temporary item (or Other Item). Has anyone run into this before? Any ideas as to where it came from? Is it something that will come off in a future statement, so that a temporary item is appropriate?

Thanks,

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aebrown
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Postby aebrown » Sat Jan 02, 2010 4:21 pm

kvnstnkr wrote:My 12/09 church unit financial statement has a debit to the other account for "error in addition." ... When I try to reconcile, MLS balances are off in the amount of the "error in addition." It only reconciles if I create a temporary item (or Other Item). Has anyone run into this before? Any ideas as to where it came from? Is it something that will come off in a future statement, so that a temporary item is appropriate?


I haven't seen that particular notation, but there are only a couple of possibilities. It could be a bank error of some sort, or it could be an error you made that is being reported by the bank. In either case, it's appropriate to list it as a temporary item at this point, since it will either get corrected by the bank or CHQ, or you will make some sort of permanent correction in MLS.

In either case, you will need to call Clerk Support to get more details as to what it is.


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